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430 Parkside Drive Mount Forest, Ontario N0G 2L3

6 Bedroom 4 Bathroom 2551
None Forced Air

$799,900

Investors take notice, this property has been very diligently and meticulously taken care of and updated over the years. Thinking of buying a home and having someone help pay the mortgage? This is a great opportunity for that with traditional lenders being able to use market rents to help you qualify for a purchase. Live in 1 unit and have the other two subsidize your mortgage. This is a great time and way to get an investment property for now and the future. Unit 1 has private use of the North side driveway and has their own private entrance at the rear. A nice mudroom and living room above grade with a 3pc bath, 2 bedrooms, eat in kitchen and storage. Unit 2 is a nice 1 bedroom apartment on the main floor with a great sunroom, living room, eat in kitchen, 3pc bath and large bedroom. This unit gets parking on the south side driveway. Unit 3 is on the 2nd and 3rd floors which comes with 3 bedrooms, kitchen, 4pc bath, 2pc bath and a large living room. This unit also has its own parking on the south side driveway. All of the units have separate hydro meters and hot water tanks. All units also have in-suite laundry. There is outdoor storage for tenants and a large inviting fenced rear yard for the tenants to share. There is also a detached garage with hydro which the Landlord currently uses but could be used to generate more income. Some of the many upgrades over the years include: Appliances, washrooms, flooring, windows, roof, central air, furnace, electrical, fire safety, paint, plumbing and more. Ask your Realtor for a complete list of upgrades. Priced at a 5% Cap Rate, this property is perfect to add to your portfolio of investments or to jump in for your first. Solid Brick, Solid Income, Solid Investment. (id:41952)

Property Details

MLS® Number 40584284
Property Type Single Family
Amenities Near By Hospital, Place Of Worship, Playground, Schools, Shopping
Community Features Community Centre
Equipment Type None
Features Skylight, Country Residential
Parking Space Total 8
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1923
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fixture Ceiling Fans
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2551
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Hospital, Place Of Worship, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 180 Ft
Size Frontage 59 Ft
Size Irregular 0.24
Size Total 0.24 Ac|under 1/2 Acre
Size Total Text 0.24 Ac|under 1/2 Acre
Zoning Description R2

Rooms

LevelTypeDimensions
Second Level Bedroom 8'0'' x 7'0''
Second Level Living Room 13'0'' x 11'0''
Second Level Bedroom 12'0'' x 9'6''
Second Level 4pc Bathroom 8'0'' x 5'3''
Second Level Kitchen 9'0'' x 8'0''
Third Level 2pc Bathroom 8'0'' x 3'8''
Third Level Bedroom 17'0'' x 15'0''
Basement 3pc Bathroom Measurements not available
Basement Bedroom 10'8'' x 9'4''
Basement Bedroom 11'2'' x 10'8''
Basement Kitchen 10'0'' x 11'0''
Main Level Living Room 13'0'' x 11'0''
Main Level Foyer 14'4'' x 7'4''
Main Level Sunroom 13'0'' x 6'6''
Main Level 3pc Bathroom 11'0'' x 4'0''
Main Level Bedroom 9'6'' x 11'0''
Main Level Kitchen 14'2'' x 13'0''
Main Level Living Room 16'0'' x 10'6''

https://www.realtor.ca/real-estate/26856080/430-parkside-drive-mount-forest

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